A bill to authorize the Comptroller of the Currency to consider reciprocity among other factors in acting on an application by a foreign bank to establish a Federal branch or agency, and for other purposes.

Summary

Amends the International Banking Act of 1978 to direct the Comptroller of the Currency, in considering a foreign bank's application to establish a Federal branch or agency, to consider whether or not U.S. banks are permitted to conduct business in the applicant's country.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 November 1983

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 18 November 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 8 December 1983

   Committee

   Committee on Banking requested executive comment from Comptroller of the Currency.

   Source: Committee

4. 26 September 1984

   Committee

   Committee on Banking. Hearings held. Hearings printed: S.Hrg. 98-1012.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 18 November 1983

  Open at official source

Sponsors

• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Hawkins, Paula [R-FL] · R · Sponsor
• Sen. Hecht, Chic [R-NV] · R · Sponsor
• Sen. Lautenberg, Frank R. [D-NJ] · D · Sponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Cosponsor
• Sen. Dixon, Alan J. [D-IL] · D · Cosponsor
• · ssbk00 · Standing

Related records

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